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Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Who couldn't use more cash during the holiday season? No matter the season, however, construction companies rely heavily on cash flow to fund their operations. Cash flow depends on so many variables, but there are a few that you can control. Tie bonuses or other incentives to effective cash flow management.

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Strategies to Manage Cash Flow

PSMJ Resources

As PM, you must manage the process to get the cash into the door as quickly as possible for professional services performed. Work in Progress (WIP). This is a measure of the amount of work in dollars that has been completed, but the firm has not yet invoiced the client.